Fortress Resorts PLC 2016 AR2
The report highlights the financial and sustainability performance of The Fortress Resort & Spa for the fiscal year ended March 31, 2016. Despite facing increased competition and a 4% drop in occupancy to 67%, the company maintained stable profitability, posting a net profit after tax of Rs. 187.4 million. Key sustainability achievements include the launch of an organic home garden project that produced over 1,000 kg of organic fruits and vegetables, and a solar power project that successfully reduced diesel consumption in the laundry. Additionally, the company invested Rs. 4.6 million in employee training and development, while continuing to support local communities through partnerships with local farmers and taxi associations.
Company: Fortress Resorts PLC
Sector: Hospitality & food services
Country: Sri Lanka
Year: 2016
Type: AR2
Pages: 152
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Fortress Resorts PLC
Annual Report
The report highlights the financial and sustainability performance of The Fortress Resort & Spa for the fiscal year ended March 31, 2016. Despite facing increased competition and a 4% drop in occupancy to 67%, the company maintained stable profitability, posting a net profit after tax of Rs. 187.4 million. Key sustainability achievements include the launch of an organic home garden project that produced over 1,000 kg of organic fruits and vegetables, and a solar power project that successfully reduced diesel consumption in the laundry. Additionally, the company invested Rs. 4.6 million in employee training and development, while continuing to support local communities through partnerships with local farmers and taxi associations.
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Document Details
Report Year
2016
Reporting Period
Apr 1, 2015 - Mar 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption